The grant specifically funds training through workshops/seminars, meeting/working space, personnel and consultants to assist clientele, leasing, some building improvements, and equipment.
The center will also serve as a hub to connect new and growing companies with business and workforce development support, according to the press release.
“The parties involved aim to accomplish this by creating a cohesive network of economic development organizations and educational institutions to efficiently position new and existing companies for success,” the release states.
Retired Sen. John W. Matthews and newly-elected Sen. Vernon Stephens presented a check during a Dec. 17 event. Representatives from Claflin and OCtech were also present for the check presentation.
Four years ago, Matthews and Adams initially sought funding for the program.
Two years ago, a $250,000 grant was sought to form a similar center at the former First National Bank building on Russell Street.
“We’ve been trying to find ways to grow the economy in this community,” Matthews said. “One of the thoughts we had is that other major colleges had put together similar programs for economic development, utilizing their skills and their capacity for intellectual capital to create a one-stop shop to grow the economy.”
